Thread regarding Freddie Mac layoffs

We’re safe!

Buyout packages off the table, no more talk of layoffs or job cuts.

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Post ID: @OP+11TxJY2p

10 replies (most recent on top)

Don't be naive. Your job is far from safe.
If they don't reach their reduction in force goals with this early retirement package, then the chance of future layoffs is probable and likely. Attracting Wall Street investors is their only priority in 2020..
Not meant to scare you, but you should prepare yourself financially and emotionally to be in the job market.

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Post ID: @bnfh+11TxJY2p

buyout announcements mid-week are NEVER a good sign. I expect these to be outright layoffs not a buyout offer. Make sure you pack up your desk today

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Post ID: @vwl+11TxJY2p

Tomorrow is the day.....

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Post ID: @lld+11TxJY2p

Looks like they couldn't get it done...

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Post ID: @zxf+11TxJY2p

The rumors were just that - rumors

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Post ID: @zli+11TxJY2p

CEO and CIO have become impediments to this process. Personal agendas egos and greed are inappropriate when the livelihood of so many are in jeopardy.

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Post ID: @xmb+11TxJY2p

It’s become very political at this point

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Post ID: @bhp+11TxJY2p

Google CECL Freddie Mac, you will know why cost cutting makes sense.

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Post ID: @nmw+11TxJY2p

The manner in which this is being handled is atrocious. The need to cut capital to get out of conservatorship hasn’t changed. Leadership is just playing games at others’ expense. Shameful!

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Post ID: @vzh+11TxJY2p

All this discussed and planned for months and now just off the table?? Hard to believe!

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Post ID: @aip+11TxJY2p

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